Khums Calculation

Surplus

Amount you own, in US Dollars ?

Calculated on your khums due date.

Equivalent amount, in US Dollars, of foreign currency you own ?

Calculated on your khums due date.

Debts owed to you that you expect to be repaid ?

Do not include this if it was accounted for in previous financial years.

In-kind possessions not used for sustenance ?

This includes buildings, farms, factories, commodities, work tools, and any household items or possessions not used for sustenance. Calculate these at present value if they were acquired with surplus income on which a year has not elapsed, and at cost price if they were acquired with surplus income on which a year has elapsed. If acquired with a combination of income, then calculate these at present value in relation to what was acquired with surplus income on which a year has not elapsed, and at cost price in relation to what was acquired with surplus income on which a year has elapsed.

Financial dues ?

This includes the due of key premium (surqufliah), the due of utilizing agricultural lands owned by the state, and the due of revival of lands which are fenced and prepared for residency. Calculate these at present value if they were acquired with surplus income on which a year has not elapsed, and at cost price if they were acquired with surplus income on which a year has elapsed. If acquired with a combination of income, then calculate these at present value in relation to what was acquired with surplus income on which a year has not elapsed, and at cost price in relation to what was acquired with surplus income on which a year has elapsed.

Amount you utilized prior to your khums due date ?

This is cash which was subject to khums prior to your khums due date, and which you have already spent (e.g. If this is the first year you pay khums, despite having needed to pay khums in previous years)

Fungible items you utilized prior to your khums due date ?

These are fungible items which were subject to khums prior to your khums due date, and which you have already utilized. Calculate these according to present value. Fungible items are those which are freely exchangeable or replaceable, in whole or in part, for another item of a similar nature, such as machinery or factory-produced fabrics.

Non-fungible items you utilized prior to your khums due date ?

These are non-fungible items which were subject to khums prior to your khums due date, and which you have already utilized. Calculate these according to their value at point of utilization. Non–fungible items are unique items, such as unique paintings, monuments, and unique jewelry.

Amount you already paid with intention of Sahm Al-Imam ?

Amount you paid with the intention of Sahm Al-Imam before your khums due date.

Amount you already paid with intention of Sahm Al-Sada ?

Amount you paid with the intention of Sahm Al-Sada before your khums due date.

Deductions

Commercial debts ?

Include all commercial debts you still owe others.

Remaining sustenance debts taken in the financial year ?

Includes debts borrowed in the financial year for accommodation (mortgage), a car, etc. Please refer to more detailed rulings for accounting for mortgages.

Remaining sustenance debts taken in previous financial years ?

Includes debts borrowed in the previous financial year for accommodation (mortgage), a car, etc. The asset (house, car, etc.) must still be in your possession. Calculate only the amount that you have not deducted from your profits in previous financial years. Please refer to more detailed rulings for accounting for mortgages.

Amount you own which has already been subjected to khums ?

Calculated on your khums due date. Includes the remainder of funds that were subject to khums in previous years and on which you have already paid khums.

Notes

1) Your khums due date is the first day you started your job or business. If you are retired or not in employment, then you can agree a khums due date with a representative of the marja'a, or calculate separate khums years for each profit that you make, from the date you made that profit.
2) The khums of commercial commodities and real estate(s) which are intended for trading, should be paid in accordance with their current market value, even if they were bought with profits which a year has elapsed on, unless the price at which they were bought is higher than the current value.
3) If the calculations show that the amount of khums due is negative as a result of sustenance debts, then the amount of the sustenance debt equivalent to the amount of khums due for the rest of the item is calculated and excluded.
4) If sustenance debts are fully repaid in the financial year, this amount is excluded from the profits.
5) Possessions which are not subject to khums are:
1. a. Possessions owned through inheritance:
2. i. Cash
3. ii. Real Estate
4. iii. Objects that are transferrable and the like
5. b. Possessions owned by the wife from the dowry (mahr):
6. i. Cash
7. ii. Gold Jewellery
8. iii. Home furniture and the like
9. c. Possessions used for personal or family provisions from the profits of that financial year:
10. i. Home residence
11. ii. Home furniture and other household items
12. iii. Gardens used for leisure and to personally benefit from their fruit
13. iv. Personal or family cars
14. v. Animals that are benefited from by the household such as a cow for milk or a chicken for eggs
15. d. Debts owed by others that you do not expect to be repaid.
16. e. Items purchased through debt that has not yet been repaid.

Total amount subject to Khums $0

Khums Due $0

Sahm al Imam to be paid $0

Sahm al Sada to be paid $0

Email me Khums report

Her Name Is Zena

04 April 2018

From the backseat of their family car while her father drove, 4-year old Zena watched as a shower of bullets rained over them from the machine gun of a nearby sniper. The cowards have struck again, tragically transforming the fate of yet another family in their attempt to break the spirit of life. As multiple bullets penetrated the body of Zena’s father, he lost his battle with consciousness and his car veered off the road over a dirt hill and into a ditch. The father died on site, the mother sustained critical injuries and later died, thankfully Zena and her two sisters suffered minor injuries. Three young girls, all under the age of 5 were orphaned in the blink of an eye. Despite all this darkness, there was still light to be seen, that which came in the form of an extended loving family. The girls were taken in by their uncle who was determined to do all he could to provide for them.

Despite his efforts to bring them happiness, the girls still had to cope with what they had endured, that was a struggle, but not an impossibility. Living amongst their cousins for a couple of years began to give them a sense of normalcy. Children don’t need much to be happy. The girls lived in a small house, shared toys, beds and food with their cousins and, they were content with all of that. Their uncle was their new-found father figure, they saw their security and protection in him, and they could breathe easy again.

Nonetheless, just when we think that maybe things have turned around, life still manages to surprise us. So was the case for Zena and her sisters in 2009, ISIS terrorist struck again by raiding her uncle’s stores, and executing him. The body was carried by neighbors back to the house, the wife and children were home to receive him, and so began another chapter, this time a lot more people were touched by this tragedy.

Regardless, this family continues to move on and one can’t help but wonder, what is this human spirit that refuses to be broken despite so much heartache and so much tragedy? Sure, these children have been terribly impacted, they have all sorts of struggles, monetary, emotional and mental but they are not broken. Zena especially, exhibits signs of severe depression and uncontrollable rage. When we look at what has transpired in her life thus far, we can easily understand her condition. These are symptoms children of war and or acts of violence are unfortunately all too familiar with, classically identified as post-traumatic stress disorder. Despite that, hope for recovery exists, it starts with identifying a need, a child’s cry for help and a point in which healing must begin.

Al-Ayn registered Zena and her 2 sisters in 2013, all 3 girls have been sponsored and Zena has been rendered to our psychological rehabilitation center for treatment. Just as hope was restored once before, it can be restored again.

Sponsor a child like Zena